Court Grants Azul’s $650 Million Creditor-Backed Rights Offering
Brazil’s Azul SA has secured court approval for a financing plan backed by bondholders, who are set to become the airline’s major shareholders after the restructuring.
By Dorothy Ma · Bloomberg Markets
Brazil’s Azul SA has secured court approval for a financing plan backed by bondholders, who are set to become the airline’s major shareholders after the restructuring.